AMERICAN CUSTOM COMP - Powerhouse Western Digital Joins Iomega In Giving Sole-source Connector
Market News Publishing, Tuesday, September 23, 1997 at 15:29
Number-two Drive Maker Hands Decisive Victory to Young
California Hi-Tech Supplier; Investors Begin to Take Notice
of American Custom Components
Continuing to stun competing disk-drive industry suppliers,
American Custom Components Tuesday announced that
number-two disk-drive behemoth Western Digital has
chosen American Custom Components to be the sole-source supplier of
test connectors for its high-end 3-1/2 inch hard disk-drive.
This decisive victory follows the September 18 decision by
Iomega Corp. to name American Custom Components as the
sole-source supplier of connectors for the popular JAZ1 and
much-awaited JAZ2 disk drives.
American Custom Components (American) is scheduling production
capacity of up to one million connector units to meet potential
demand from Rochester, Minn.-based Western Digital.
In explaining this impressive victory, and American's
lengthening lead in its battle with old-line parts suppliers,
industry analysts point to American's lethal combination of
proprietary design applications and its ability to go from design to
production in a devastating 2-1/2 week time frame. No other
manufacturer could respond to Western Digital's needs at this
blistering pace.
"No one can match our capabilities in specialty connector
manufacturing -- it's just that simple," stated a triumphant Tony
Walk, American's founder and chief executive officer. American has
used its formidable patent-winning design elements and unique "fast
response" development methods to capture a growing dominance in the
high-margin state-of-the-art custom parts field while its large
billion-dollar competitors have focused on large-volume
lower-margin commodity-type components.
American's other computer products customers include Seagate,
Compaq, IBM, Maxtor, and Micropolis.
American is using its impressive success in disk-drive
components to fuel its participation in exciting new products such
as a revolutionary new electronic retail shelf price-tag system; a
cell phone recharger; critical performance components for the U.S.
Government's TOW missile system; and a new credit card-activated gas
pump -- all containing American's patented design elements.
One of Southern California's rising young technology stars,
American Custom Components is a rapidly growing designer and
manufacturer of specialty components that offers technology-based
industries a complete program including rapid design, engineering,
tooling, molding and assembly services.
NOTE TO EDITORS: Statements in this release are made pursuant
to the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward
looking statements involve risks and uncertainties, including,
without limitation, continued acceptance of the company's products,
increased levels of competition for the company, and dependence on
third-party suppliers.
For more information contact George Mottel or John Fearnot at
800/824-4011. |
